USD/CHF: Swiss Franc extends its losses this morning

USDCHF

USDCHF Movement

On Friday, the USD rose 0.53% against the CHF and closed at 0.9513.

In the Asian session, at GMT0300, the pair is trading at 0.9521, with the USD trading 0.08% higher from yesterday’s close.

The pair is expected to find support at 0.9479, and a fall through could take it to the next support level of 0.9436. The pair is expected to find its first resistance at 0.9545, and a rise through could take it to the next resistance level of 0.9568.

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

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